Enter Fluidity Money – Incentive Blockchain Layer – CryptoMode
Money is liquid by nature. It is designed to be used and moved, not stand still, lose value with inflation. Fluidity Money — a protocol that rewards people for spending their crypto — isn’t just playing DeFi. It is transform our relationship with money.
Fluidity Money is now on the mainnet, after a successful testnet launch in February 2022, with approximately 50,000 users and millions of transactions.
“Fluidity’s vision is to transform how people think about spending, saving and creating wealth. The future is where people can make money by practicing their own spending habits. We are excited to introduce a new financial derivative to change the way people think about utility”, Shahmeer Chaudhry, Co-Founder and CEO of Fluidity.
Fluidity takes tokens and wraps them in a 1-to-1 ratio, while the original asset is stored in a lending protocol. The accrued interest is stored in a reward pool, and any transaction on the chain is eligible for a portion of the pool.
The ability to earn money with every other expense, without fees or friction, is a paradigm shift.
With no entry costs, there are no losers with Fluidity. Approximately 50-70% of transactions using liquid assets will be yield-bearing. The rewards are split 80/20 between senders and receivers. Users have the chance to win life-changing cash just by practicing their regular spending habits.
Millions of people trade crypto every day. Instead of lending, staking or locking up assets, people can use their crypto and get compensated for it.
“We see Fluidity becoming part of our everyday lives, where people earn rewards while paying for lunch, drinks with friends, gas, clothes or rent,” Chaudhry added.
Fluidity Money is accessible to everyone, with a low barrier to entry. There is a perception with Web3, investment and interest-bearing assets, that one needs sufficient capital to participate. However, fluidity is open to all, with no inherent costs.
“DeFi became so complicated. In my experience in game design, users want simplicity. Game theory is huge in the crypto space, but we haven’t seen much innovation in payments or crypto in years. We wanted to make DeFi simple, user-friendly and easy to understand,” shared Chaudhry.
Financial inclusion is important to Fluidity. People without money cannot afford to have their funds idle. With Fluidity, individuals can earn rewards on purchases they’ve already made. This is the promise of Web3 – a fairer, more inclusive world that gives power back to the people. A reorganization of our money thoughts, the financial system and society as we know it.
Fluidity Money successful raised $1.3 million in a seed round. Some of the investors include Multicoin Capital, Solana Ventures, Circle and MakerDAO.
“For the past 18 months, we’ve been working closely with developers and stakeholders to launch Fluidity on the mainnet. It’s now officially here,” shared Chaudhry.
Like many other Web3 initiatives, Fluidity Money aims to challenge the status quo. Instead of sitting idly to accumulate interest, Fluidity empowers crypto users to engage with their unique blockchain incentive layer, rewarding money on the fly.
Visit newly renovated website to start engaging with Fluidity Money and increase your potential to be rewarded without risk and fees.
For media enquiries:
Shahmeer Chaudhry
CEO and co-founder
[email protected]
None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses incurred by acting on information provided on this website by its authors or customers. Always do your research before making any financial commitments, especially with third-party reviews, pre-sales and other opportunities.
